Posts Tagged
Treasury Secretary Raul Maldonado.
Puerto Rico Will Run Out of Cash on Oct. 31, Treasurer Says
published Oct 4, 2017, 5:47:45 PM, by Ezra Fieser (Bloomberg) —Puerto Rico faces a government shutdown on Oct. 31, including halting its hurricane recovery, if Congress doesn’t provide billions in emergency funds, said Treasury Secretary Raul Maldonado. The U.S. commonwealth’s bankrupt government is burning through the $1.6 billion it had